U.S. Opens Criminal Investigation Into Applied Materials Shipments to China Chipmaker
Applied Materials is under U.S. criminal investigation for supplying advanced fab tools to China-based SMIC, according to report.
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Applied Materials is under U.S. criminal investigation for supplying advanced fab tools to China-based SMIC, according to report.
The U.S. Department of Energy (DOE) has warned New Fortress Energy if any portion of its Altamira floating liquefied natural gas (LNG) project is located onshore Mexico, the company will have to resubmit its application for an export permit. New Fortress's $1.3 billion Altamira LNG project was expected to start shipping the superchilled gas this month under an export permit issued in June. New Fortress did not immediately reply to a request for comment submitted through its website.
Nvidia revealed the new rules in a regulatory filing earlier this week. A person familiar with the matter confirmed on Wednesday that AMD is affected by the change.
This comes after disclosures that Washington had expanded export license requirements for Nvidia and Advanced Micro Devices artificial-intelligence chips.
There is no immediate threat to the supply of gallium and germanium-based components, but prices may go up.